Share Price £153,000 (from 30% Min. Share)

Full Value £510,000 | £15,300 Min. Deposit

Scheme: Shared Ownership Resales

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Resales - 2 bed apartment in Tower Hamlets

place Nickel Court, E14 7FA

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Tower Hamlets: Two-bed (75m2), First Floor Apartment with Balcony, now available.


Eligibility

You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.

Description

Once you have registered your interest, you will receive an email with a link to book your viewing

Nickel Court two-bedroom apartment, located on the firstfloor in fourstorey block of apartments. The lease remaining on the property is 118years.

There are good transport links with Limehouse DLR Station within a 4 minutes walk. Local buses serve the area and the night buses provide links to Central London.

Local amenities are located 0.2 miles away along Commercial Road. For leisure and enjoyment, many bars and restaurants are catering all tastes. Limehouse Basin, St. James Gardens and Whitehorse Road Park are within walking distance from the apartment.

  • Nearest Station: Limehouse - DLR, C2C
  • Bus routes nearby: D3, 15, 115, 135

The property located on the firstfloor comprises:

  • Entrance: Hallway with large storage cupboards and entry phone system
  • Living Room: Spacious lounge area with lots of natural light, open plan kitchen and patio doors to balcony. Laminated flooring.
  • Kitchen: Light grey, high glossy wall units with stone worktop and tiled back splash. IntegratedAEG and Zanussi appliances. Laminated flooring
  • Bedroom One: Double Bedroom with a fitted wardrobe. Woolmix carpeted flooring.
  • Bedroom Two: Double Bedroom. Woolmix carpeted flooring.
  • Bathroom: White suite comprising panelled bath with overhead shower area, WC and hand washbasin with shelving and mirror. Tiled flooring.
  • Outside:Large private balcony, secure cycle storage and communal courtyard.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact peabody.resales@peabody.org.uk and our team will be able to help you.


Key Features

  • Well presented
  • Great transport links
  • Available through Shared Ownership
  • Two bedrooms
  • Private balcony

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 153,000
Min. £153,000
Share percentage
Min. 30%
Your deposit
Min. £15,300
Monthly cost*
£1,562
Cost breakdown
£680
Rent
£223
Service charge
£659
Mortgage*
Calculated using a representative rate of 3.09%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.